Which one of the following initiates the procurement process inside the buying organisation, calling for action by the procurement professionals?
The total variety of life on Earth’ is CIPS’ definition of:
The Kyoto Agreement is about:
A contract clause which entitles the buyer to hold back 5% of the final price for six months to en-sure everything is in order is known as a --------- clause:
The idea / practice that some users / internal customers will spend organisational funds without in-volving procurement professionals when required to do so by organisational rules, is called:
Measurement of an organisation’s carbon footprint uses which gas as a standard measure?
Which of the following is least risky from the buyer’s viewpoint?
‘The social responsibility of business is profit maximisation’ - focusing on returns to shareholders.
This is a famous business philosophy - in contrast to a philosophy of Corporate Social Responsibility as expounded by CIPS.
Which economic and management thinker famously promoted this view?
Because of the need for frequent or semi-frequent uses of competition, public sector buyers are less likely to find themselves in a close partnership arrangement with a supplierthan private sector buy-ers.True or false?
A market situation where there is a small number of large suppliers is called: